The global electrolyzers market size is expected to grow from an estimated USD 1.2 billion in 2023 to USD 23.6 billion in 2028, at a CAGR of 80.3% according to a new report by MarketsandMarkets™. An electrolyzer system utilizes electricity to break water molecules into hydrogen and oxygen. …
The global Biorefinery Market is projected to grow from USD 141.8 billion in 2022 to USD 210.3 billion by 2027, at a CAGR of 8.2% according to a new report by MarketsandMarkets™. Increasing demand for biofuels to achieve net zero emissions are the primary driver for the global biorefinery market across the globe. …
New Revenue Pockets: The global industrial burner market is expected to grow at a CAGR of 6.1% to USD 7.9 billion by 2027, up from an estimated USD 5.9 billion in 2022. The increasing power generation worldwide fueling demand for industrial burners to drive the …
The global Carbon Offset/Carbon Credit Market is expected to grow from an estimated USD 414.8 billion in 2023 to USD 1,602.7 billion by 2028, at a CAGR of 31.0% during the forecast period. The Carbon Offset/Carbon Credit Market growth has been attributed to rising global warming and the need …
The global cryogenic equipment market is projected to reach USD 16.6 billion by 2028 from an estimated USD 11.9 billion in 2023, at a CAGR of 6.9% during the forecast period. A cryogenic equipment is any storage or transportation apparatus that helps handle cryogenic fluids …
The global Geothermal Energy Market is expected to grow from an estimated USD 7.0 billion in 2022 to USD 9.4 billion in 2027, at a CAGR of 5.9% according to a new report by MarketsandMarkets™. Increasing use of geothermal energy for power generation, Favourable government policy, and increasing …
New Revenue Pockets: The global hydrogen market is projected to reach USD 410.6 billion by 2030 from an estimated USD 242.7 billion in 2023, at a CAGR of 7.8% during the forecast period. The development of hydrogen infrastructure across various countries such as China, India, …
Remote Power Panel Market New Revenue Pockets: The global remote power panel market is projected to reach USD 1.4 billion by 2028 from an estimated USD 1.1 billion in 2023, at a CAGR of 4.8% during the forecast period. Remote power panels play an important …
New technological advancements in the oil & gas industry; increased return on investment in the oil & gas industry; and the growing need for maximizing production potential from mature wells in key geographical regions such as Asia Pacific, Europe, and North America are likely to …
Global Generator Sales Market Overview The global generator sales market is projected to reach USD 34.5 billion by 2030 from an estimated USD 23.1 billion in 2023, at a CAGR of 5.9% during the forecast period. The growth of the generator sales market is driven …
The global Air Circuit Breaker Market is expected to reach USD 4.1 billion by 2028 from USD 3.2 billion in 2023 at a CAGR of 5.0% during the 2023–2028 period according to a new report by MarketsandMarkets™. Key growth catalysts include rising investments in smart grid technologies aimed …
Solid oxide fuel cells are the electrochemical devices that use fuel cell technology to generate electricity. Solid oxide fuel cells are electrochemical devices that convert the chemical energy of a fuel, typically hydrogen, into electrical energy through a chemical reaction. These fuel cells can provide …
The global hydrogen energy storage market is projected to reach USD 196.8 billion by 2028 from an estimated USD 11.4 billion in 2023, at a CAGR of 76.8% during the forecast period. Increasing global efforts to reduce greenhouse gas emissions and combat climate change play …
The global Green Ammonia Market is expected to grow from an estimated USD 0.3 billion in 2023 to USD 17.9 billion by 2030, at a CAGR of 72.9% according to a new report by MarketsandMarkets™. Green ammonia refers to the production of renewable and carbon-free ammonia. It is produced by …